On January 1, Ball Corporation purchased shares of Leftwich Company common stock. Assume that the stock acquired by Ball represents 30% of Leftwich's voting stock and that Ball accounts for this investment using the equity method since it is able to exert significant influence. Ball purchased 10, 000 common shares of Leftwich at $15 cash per share. Leftwich reported annual net income of $80, 000. Ball received a cash dividend of $1.10 per common share from Leftwich. Year-end market price of Leftwich common stock is $19 per share. Calculate the increase in Ball's Net Income as a result of the above transactions